StablR Brings Regulation-Ready Euro and USD Stablecoins to Concordium's PayFi Ecosystem
Concordium partners with StablR to introduce fully backed EUR and USD stablecoins, combining compliance-readiness, transparency and institutional-grade liquidity for enterprises and financial institutions.
Concordium continues to expand its PayFi ecosystem with another strategic partnership designed to bridge traditional finance with blockchain innovation. StablR, a leading European stablecoin issuer, brings EUR and USD stablecoins to Concordium's compliance-first infrastructure, strengthening the foundation for regulated digital finance.
The partnership reinforces Concordium's position as the blockchain of choice for enterprises and financial institutions embracing digital assets without regulatory compromise. By integrating StablR's transparent, fully-backed stablecoins, Concordium's PayFi ecosystem gains access to institutional-grade EUR and USD liquidity designed for real-world financial applications.
Identity-First Meets Transparent Stablecoins
Concordium's blockchain is purpose-built for regulation, embedding identity and compliance-readiness at the protocol layer. The anonymous-by-default verification means users can prove identity without revealing personal data, creating privacy-preserving accountability by design.
By issuing EURR and USDR as Protocol-Level Tokens (PLTs) on Concordium, StablR gains access to built-in compliance features and programmable financial logic, reducing the risks of complex smart contracts. For enterprises and regulators, this architecture supports the regulatory alignment that financial institutions require.
StablR: A Regulatory-First Approach to Digital Money
Founded in 2022, StablR has quickly emerged as a leading European stablecoin issuer focused on compliance and transparency. Operating under an Electronic Money Institution license from the Malta Financial Services Authority, the company issues EURR and USDR, both pegged 1:1 and backed by cash and cash equivalents in segregated trust accounts. Speaking on the partnership, StablR Founder & Chief Executive Officer Gijs op de Weegh said:
“At StablR, we are excited to support innovative protocols, and Concordium stands out for its strong focus on KYC and security. Launching EURR and USDR on Concordium is an important step toward bringing compliant stablecoin solutions to the ecosystem. We look forward to a successful rollout and continued collaboration to build trust and accessibility in digital finance.”
To ensure trust, StablR publishes daily proof-of-reserve updates, allowing holders to verify collateralization. This commitment to transparency, combined with its partnership with Tether's Hadron platform for compliance and asset tokenization, places them at the forefront of MiCA-aligned stablecoin adoption.
In just six months, StablR has achieved significant traction:
- Listings on 50+ exchanges, including Kraken, Bitfinex, Bybit, and HTX.
- Over 150 trading pairs, expanding access across global markets.
- More than €3 billion in transaction volume in H1 2025.
These milestones highlight strong demand for stablecoins that combine Web3 efficiency with a more traditional financial approach.
The Next Step in PayFi Innovation
StablR's integration with Concordium strengthens the PayFi ecosystem and opens new possibilities across Europe. The collaboration will center around:
- Issuance of EURR and USDR as PLTs on Concordium.
- Enablement of instant cross-border settlements for PayFi applications.
- Access to regulated euro and USD-denominated liquidity.
- Provision of on-chain identity at the wallet level for KYC/AML compliance readiness.
For businesses, this partnership creates a path to adopt blockchain for cases such as cross-border payments, treasury management, and merchant payouts, all with auditability, identity confirmation, and instant settlements.
Setting A Standard for Regulation-Ready Digital Assets
StablR's rapid growth and regulatory-first approach align seamlessly with Concordium's mission to power compliant blockchain finance. This partnership is creating the foundation for digital euros and dollars to be trusted and widely used across Europe and beyond.
As the European stablecoin market matures under MiCA, this collaboration sets a benchmark for how Smart Money can be issued, managed, and integrated into regulated financial systems.
This is the next step toward making stablecoins a trusted part of everyday finance.
Learn more about StablR at stablr.com.
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Legal Notice: Concordium does not provide financial, investment, or tax advice and is not responsible for the services or compliance operations of StablR or other stablecoin issuers. Users are solely responsible for ensuring compliance with local applicable laws and regulations. Please consult with a qualified advisor before engaging with digital assets.